The process of buying and selling of goods and services over an electronic network, conducted using a variety of applications, like email, fax, etc.
|First released||1979 (first online shopping system)|
|Developed by||Michael Aldrich|
|Used by||Amazon Inc., Apple, Wal-Mart|
The first time Internet was used for seller-buyer interaction was between students of Stanford Artificial Intelligence Laboratory and MIT to sell cannabis.